Bitcoin broke the weekly 55 EMA (blue) and is currently finding support at the golden pocket region of the small Fibonacci. Our next stop is the 7300$ (with possible wicks to 7000$), were a big support level is to be found: we have the 0.618 of the big Fib., the 0.786 of the small Fib. and the 100 weekly MA. There's also a bearish cross on the MACD, so 7300$ could be around the corner.
On the daily, the descending channel is more clear. We have the RSI almost touching the lower reference line and despite the MACD rejection at the signal line, we have a bullish divergence on the Histogram, which might signal an early reversal. Personally, I'm still waiting for a divergence also on the RSI and MACD.
